6,947 Shares in Cheniere Energy, Inc. $LNG Acquired by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA acquired a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,947 shares of the energy company’s stock, valued at approximately $1,971,000.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in Cheniere Energy during the fourth quarter valued at $335,000. Bank of Nova Scotia grew its holdings in Cheniere Energy by 13.3% in the second quarter. Bank of Nova Scotia now owns 8,825 shares of the energy company’s stock worth $2,149,000 after purchasing an additional 1,035 shares during the period. Sei Investments Co. lifted its holdings in shares of Cheniere Energy by 23.1% during the second quarter. Sei Investments Co. now owns 183,153 shares of the energy company’s stock valued at $44,600,000 after purchasing an additional 34,422 shares during the last quarter. Treasurer of the State of North Carolina lifted its holdings in shares of Cheniere Energy by 0.8% during the second quarter. Treasurer of the State of North Carolina now owns 103,040 shares of the energy company’s stock valued at $25,092,000 after purchasing an additional 805 shares during the last quarter. Finally, Ieq Capital LLC boosted its position in shares of Cheniere Energy by 87.0% in the 2nd quarter. Ieq Capital LLC now owns 36,502 shares of the energy company’s stock worth $8,889,000 after purchasing an additional 16,977 shares in the last quarter. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Stock Down 0.2%

Cheniere Energy stock opened at $269.27 on Monday. The firm has a market cap of $56.43 billion, a price-to-earnings ratio of 44.29 and a beta of -0.01. The stock has a fifty day simple moving average of $244.52 and a two-hundred day simple moving average of $242.37. Cheniere Energy, Inc. has a 12 month low of $186.20 and a 12 month high of $300.89. The company has a current ratio of 0.57, a quick ratio of 0.48 and a debt-to-equity ratio of 2.55.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Monday, May 11th were issued a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, May 11th. Cheniere Energy’s dividend payout ratio (DPR) is presently 36.51%.

Wall Street Analysts Forecast Growth

LNG has been the subject of a number of recent research reports. Benchmark reiterated an “outperform” rating on shares of Cheniere Energy in a research note on Tuesday, May 26th. Wolfe Research restated an “outperform” rating and set a $300.00 price target on shares of Cheniere Energy in a report on Tuesday, June 2nd. Weiss Ratings lowered Cheniere Energy from a “buy (b)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Scotiabank reiterated an “outperform” rating on shares of Cheniere Energy in a research note on Wednesday, May 13th. Finally, Barclays increased their price objective on shares of Cheniere Energy from $271.00 to $274.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $298.88.

About Cheniere Energy

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.